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A market with no active rental pool to price against. The sale-side figures below are the whole picture.
What would change this read: the median listing price is +20.6% YoY. inventory, +56.0% YoY, is the number to watch.
The median listing price is up 20.6% YoY while the median home got down 25.4% bigger, so value per square foot is up 27.2%.
U.S. Census ACS characteristics for ZIP 46016 itself, not its parent county.
Renters hold 59.5% of this ZIP's 7,126 occupied households, on a median household income of $36K.
| Measure | ZIP 46016 | Madison County | Difference |
|---|---|---|---|
| Median Household Income | $36K | $63K | -$27K |
| Below Poverty Level | 26.9% | 13.4% | +13.5% |
| Median Age | 34.60 | 40.90 | -6.30 |
| Total Population | 17,834 | 131,900 | -- |
| Avg Household Size | 2.41 | 2.37 | +0.04 |
| Owner-Occupied | 40.5% | 70.2% | -29.7% |
| Worked From Home | 9.5% | 10.4% | -0.9% |
| Mean Commute | 23.90 | 26.30 | -2.40 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 0.7% to 131,900: residents under 18 are up 0.2% and those 65 and over are up 1.9%.
County median household income is $63K, 13.4% of residents are below the poverty level, 10.4% work from home.